An FHA loan specialist in Putnam Connecticut can guide you through the process of obtaining a government backed mortgage. These loans are popular for first time homebuyers and those with lower credit scores. Connecticut law requires all mortgage originators to be licensed by the Department of Banking, so your specialist must hold a valid license.
What Does a FHA Loan Specialist in Putnam Cost?
Typical costs for an FHA loan specialist in Connecticut include an origination fee of 1 to 2 percent of the loan amount. You will also pay an upfront mortgage insurance premium of 1.75 percent of the loan amount and annual mortgage insurance premiums. Closing costs generally range from 3,000 to 7,000 dollars depending on the loan size. This is general information and not mortgage or financial advice.
* Cost estimates are general ranges based on publicly available data and compiled using automated research tools. Actual fees vary by agent and case complexity. This is not mortgage or financial advice — consult directly with an agent for fee specifics.
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FHA Loan Specialists in Other Connecticut Cities
Avon · Berlin · Bethel · Branford · Bridgeport · Bristol · Brookfield · Cheshire · Danbury · Danielson · Dayville · East Lyme · Enfield · Fairfield · Farmington